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Pioneer Floating Rate Trust (PHD)had its IPO in 2004.

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Q: In what year did Pioneer Floating Rate Trust - PHD - have its IPO?
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In what year did First Trust Senior Floating Rate Income Fund II - FCT - have its IPO?

First Trust Senior Floating Rate Income Fund II (FCT)had its IPO in 2004.


What is meant by the phrase fixed rate mortgage?

A fixed rate mortgage means that the loan of money will have a predetermined interest rate which will not change for a period of time. The time and rate will be determined by the current market and generally the lowest rate will be for a short time. For example a 1 year fixed rate loan may have an interest rate of 4.19% where as a 3 year loan may have an interest rate of 5.01%. This differs from a floating rate loan where the interest rate can fluctuate over the time taken to pay the loan off.


What are the best 5 year fixed rate mortgages?

There are a number of national banks that offer consumers competitive fixed rate mortages such as: Royal bank of Canada, TD Canada trust, Scotiabank, and CIBC.


What companies offer a 30 year fixed mortgage rate?

Zillow must be the first port of call in the search for a 30 year fixed mortgage rate. Also look at Citi Mortgages, Branch Banking and Trust and Chase, Wells Fargo and Bank of America.


What exactly is a TD Mortgage Rate?

TD Canada Trust is one of the major chartered banks in Canada. TD offers a number of different types of mortgages. One can choose a fixed rate where the interest rate does not change for a period of 1 year up to 10 years. Another option, is a variable rate mortgage where the interest rate will vary depending on the market. The variable rate mortgage is only available for a 5 year term. The interest rate is the money TD earns for lending the money.

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